Identify payroll terminology and concepts, required payroll records, and various laws and regulations affecting payroll operations.
Calculate gross wages and deductions.
Record, journalize and post payroll transactions in accordance with GAAP using the appropriate accounting records (e.g. payroll registers, employee earnings records, journals, and ledgers)
Prepare and accurately complete payroll tax reports for timely filing.
Course Description Covers payroll accounting procedures and controls, tax and employment laws, and tax reports that form the core of payroll responsibilities. Credits: 3